The TRADE

OCTOBER 14, 2024

In a new report, the task force stated that this followed a range of views being expressed as to whether the date identified for the UK transition, H2 2027, could also be a feasible implementation date for the EU. In addition, pre-settlement matching was noted as being essential to identify and remediate potential issues as soon as possible.

Trading 69

Trading Capital Market Collaboration Consulting 69

The TRADE

SEPTEMBER 27, 2024

A full copy of the report can be found here. The post UK T+1 taskforce publishes recommendations ahead of proposed 2027 switch appeared first on The TRADE.

Consulting 64

Consulting Trading Finance Finance 64

The TRADE

MARCH 28, 2024

The UK’s Accelerated Settlement Taskforce has recommended a two-phased approach to shortening the settlement cycle beginning with operational changes in 2025 and a full transition by the end of 2027. More than 80 trade associations and industry participants have volunteered to support the Technical Group.

Capital Market 115

Capital Market Collaboration Trading Capital 115

The TRADE

OCTOBER 21, 2024

Broadridge Financial Solutions has confirmed its preparedness to support new OTC derivatives reporting requirements by the Monetary Authority of Singapore (MAS) and the Australian Securities and Investments Commission (ASIC) expected to go live on 21 October.

Trading 64

Trading Securities IT Investment 64

The TRADE

JULY 3, 2024

The shift to T+1 in the US can largely be described as a success – affirmation rates remain comfortably high, fail rates have stayed reasonably low and FX trades don’t appear to have shifted to bilateral settlement as feared. Depending on the day of the week or the settlement cycle used it’ll be more expensive to trade.”

Trading 59

Trading Broker Funds Investment Manager 59

The TRADE

OCTOBER 22, 2024

The post Asset management association pushes for Europe to switch to T+1 in 2026 appeared first on The TRADE.

Asset Management 59

Asset Management Management Trading Capital Market 59

The TRADE

OCTOBER 16, 2024

The European Securities and Markets Authority (ESMA) acknowledged the benefits of reducing settlement times but highlighted how harmonisation, standardisation and modernisation will be needed and will require investments. The post All signs point towards Europe aligning T+1 move with UK and Switzerland appeared first on The TRADE.

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Government Capital Market Trading Capital 80